DAMAC Properties

SILVER

Founded 2002Dubai, UAE

79
Trust Score

Key Metrics

On-Time Delivery
78%
83 completed projects
Average Delay
3.2mo
when delays occur
Post-Handover Appreciation
2.1%
1-year average
Resale Velocity
42d
median days on market
Payment Flexibility
8/10
score
Total Projects
95
12 active
Financial Strength
STRONG
outlook
RERA Complaints
MEDIUM
volume tier

Financial & Regulatory

Listed On
DFM
Ticker: DAMAC
Leadership
Hussain Sajwani
Chairman/CEO
Financial Strength Tier
STRONG
Public listing, strong financials

Flagship Projects

DAMAC Towers by Paramount

2019

Downtown Dubai

250-meter twin towers

Cavalli Tower

2018

DAMAC Marina

Cavalli-branded ultra-luxury

Ghaya Grand

2022

DAMAC Marina

Waterfront luxury residences

DAMAC Hills

2015

Akoya

Golf and lifestyle community

Payment Plan Examples

Cavalli Tower
5% on signing, 30% during construction, 65% on handover
DAMAC Towers
1% monthly over 60 months starting year 2
Ghaya Grand
10% on signing, 35% during construction, 55% on handover

Pros

  • Extensive portfolio and market presence
  • Branded residences with international appeal
  • Flexible payment plans (score 8/10)
  • Premium locations and architecture
  • Public company with audited financials

Cons

  • Delivery delays average 3.2 months (significant for mid-market buyers)
  • Post-handover appreciation lower than Tier 1 peers (2.1%)
  • Slower resale velocity (42 days)
  • Medium complaint volume in RERA filings
  • Some projects experienced minor quality issues

Best For

  • Branded residences seekers
  • Flexible payment plan users
  • Buyers valuing location over speed
  • Mid-to-luxury segment

Avoid If

  • Strictly on-time delivery critical
  • Seeking maximum appreciation
  • Want quick resale potential
  • Risk-averse investors

Notable Achievements

  • 50,000+ units across 95 projects
  • Public listing with DFM; established financial transparency
  • Strategic partnerships with global luxury brands (Cavalli, Paramount)
  • Diversified portfolio including golf, retail, hospitality

Recent News

Feb 20, 2026
DAMAC Q4 2025 results show AED 4.2B revenue, 12% YoY growth
Jan 10, 2026
DAMAC announces Cavalli Tower Phase 2 with new branded residences
Dec 5, 2025
DAMAC opens Ghaya Grand Phase 1; 500 units handed over

Specialties

Branded residencesGolf coursesLuxury apartmentsMixed-use

Cross-Links

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